Qualified Scheduling Entity definition

Qualified Scheduling Entity means a market participant qualified by ERCOT in accordance with the ERCOT protocols to submit schedules and settle payments with ERCOT.
Qualified Scheduling Entity means a market participant that is certified by the ISO to submit schedules and ancillary bids.
Qualified Scheduling Entity has the meaning set forth in the ERCOT Nodal Protocols, Section 2.1, Definitions and Acronyms, dated October 1, 2011, as the same may be hereafter amended, supplemented or replaced.

Examples of Qualified Scheduling Entity in a sentence

  • If a Scheduling Failure occurs, Gexa shall financially settle, at no additional cost or expense to Customer, with its Qualified Scheduling Entity (as defined by ERCOT) for the purchase of electricity necessary to cover the Scheduling Failure.

  • Unit start up and maintenance power will be provided through the start-up transformer and power will need to be purchased from a retail energy provider and scheduled through ERCOT through a Qualified Scheduling Entity for power used by either unit at the Facility during unit outages.

  • As defined in the ERCOT Protocols, Participant is a (check all that apply): Load Serving Entity (LSE) Qualified Scheduling Entity (QSE) Transmission Service Provider (TSP) Distribution Service Provider (DSP) Congestion Revenue Right (CRR) Account Holder Resource Entity Renewable Energy Credit (REC) Account Holder Independent Market Information System Registered Entity (IMRE) B.

  • Buyer acknowledges that the Affiliate of Seller that serves as the Qualified Scheduling Entity with respect to the Projects is not one of the Acquired Companies and upon the occurrence of the Closing such Affiliate will continue to act as the Qualified Scheduling Entity with respect to the Projects, and that Buyer and the Acquired Companies shall be responsible for appointing and maintaining a Qualified Scheduling Entity with respect to the Projects after the Closing.

  • Prior to the initiation of the Retail Pilot Test Program Implementation in ERCOT (projected to be June 1, 2001), EPMI will satisfy the ERCOT Protocol requirements for Qualified Scheduling Entity (“QSE”) certification in Texas for proper performance of duties pertinent to the services provided hereunder.

  • If requested by the Purchaser, in its discretion, from time to time until the first anniversary of the Effective Date, the Seller shall act for and on behalf of the Purchaser as its Qualified Scheduling Entity (as such term is defined by ERCOT) with respect to the Trading Contracts that provide for physically-delivered electric energy in ERCOT, in accordance with terms and conditions to be agreed by the Parties, acting reasonably and in good faith.

  • Accordingly, upon request of Buyer, Seller shall make such arrangements in accordance with the Applicable Requirements at Buyer's cost as may be reasonably necessary to facilitate the re-designation of Buyer's Qualified Scheduling Entity.

  • SET shall cease to be the financially responsible party or Qualified Scheduling Entity with respect to MX Electric’s customer load in an ISO upon the release of the Electricity Assets with respect to such ISO.

  • Customer and TPS desire to enter into this Agreement under which TPS will provide Customer with Qualified Scheduling Entity (“QSE”) Services and Marketing Services.

  • Entity: It is anticipated that all generation plants in SPP may be required to be certified with the SPP ISO as a Power Generating Company and contract with a Qualified Scheduling Entity (“QSE”) to communicate its activities with the SPP ISO.


More Definitions of Qualified Scheduling Entity

Qualified Scheduling Entity or “QSE” means a market participant that is qualified by ERCOT to submit Balanced Schedules and Ancillary Services (as defined in ERCOT’s tariff) bids and settle payments with ERCOT.
Qualified Scheduling Entity means an ERCOT-registered Level 4 Qualified Scheduling Entity that meets the qualification requirements for such entity as defined in ERCOT Protocols. “Recipient” means (a) the Administrative Agent, and (b) any Lender, as applicable. “Register” has the meaning set forth in Section 9.07(c). “Regulation U” mean Regulation U of the Federal Reserve Board, as the same is from time to time in effect, and all official rulings and interpretations thereunder or thereof. “Regulations T, U, and X” mean Regulations T, U, and X of the Federal Reserve Board, as the same is from time to time in effect, and all official rulings and interpretations thereunder or thereof. “Related Parties” means, with respect to any Person, such Person’s Affiliates and the partners, directors, officers, employees, agents, trustees, administrators, managers, advisors and representatives of such Person and of such Person’s Affiliates. “Release” or “Released” means any release, spill, emission, leaking, pumping, depositing, pouring, placing, discarding, abandoning, emptying, migrating, seeping, escaping, leaching, dumping, injection, disposal or discharge into the environment.
Qualified Scheduling Entity means a Market Participant that is qualified by ERCOT in accordance with Section 16, Registration and Qualification of Market Participants, for communication with ERCOT for Resource Entities and load serving entities and for settling payments and charges with ERCOT.

Related to Qualified Scheduling Entity

  • Qualified Securitization Transaction means any transaction or series of transactions that may be entered into by the Company or any of its Restricted Subsidiaries pursuant to which the Company or any of its Subsidiaries may sell, convey or otherwise transfer to: